4S still on 7, what happens when my iPad goes up to 8.3?

By itsMeFred My ipad mini (Retina) is currently running 7.0.something
My iphone 4S is going to stay on 7.0.6 unless anyone has a particularly compelling reason I should go up.
I had left my mini alone, also, because I’ve read it’s easier to keep the ecosystem happy if my iDevices are both the older OS…
But. I want to put MS Office on my ipad and it requires at least 7.1 so I guess I’ll have to upgrade to 8.3…
So, what exactly happens when my iPad is 8 and my phone is still 7?
I heavily rely on the cloud sync for my calendar, for example…

Source: MacRumours